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The U.S. Small Business Administration (SBA) reopened its Emergency Economic Injury Disaster Loan (EIDL) program to farmers and agricultural producers on May 4, 2020.

Financial institutions and market participants are facing operational and compliance risks in the context of COVID-19. Financial authorities are acknowledging these difficulties.

In FAQ #31 posted on April 23, 2020, the US Small Business Administration offered the following clarification.

The U.S. Senate on June 3, 2020, approved H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (Act) on a voice vote.

On Thursday, May 28, 2020, the House passed the Paycheck Protection Program Flexibility Act of 2020 ("Flexibility Act") 417-1, and, on Wednesday, June 3, 2020, the Flexibility Act passed the Senate.

The Federal Emergency Management Agency (FEMA) has made Public Assistance funding for some COVID-19 health care costs available to state, tribal, and territorial government entities...

Per HUD, earlier today, on August 28, 2020, the Federal Housing Administration (FHA) announced the 3rd extension of its foreclosure and eviction moratorium through December 31, 2020...

The new Paycheck Protection Flexibility Act (H.R. 7010) which focuses on small businesses and restaurants in particular has passed the House of Representatives.

The Consolidated Appropriations Act (CAA), signed into law in December 2020, is known for authorizing the second round of direct stimulus payments to individuals and extending enhanced unemployment benefits.

On March 27, 2020, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (collectively, the "Agencies")...

On July 16, 2020, the Consumer Financial Protection Bureau ("CFPB") hosted a webinar outlining, for the first time, the CFPB's supervisory and enforcement priorities in light of the coronavirus pandemic.

Since our March 2020 blog post, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the "Agencies") published revised guidance clarifying the relationship between the March 22...

The New York Department of Financial Services ("DFS") released an emergency regulation implementing Governor Cuomo's March 21, 2020 Executive Order...

On July 29, 2021, President Biden and Governor Abbott provided guidance relating to COVID-19.

The CARES Act allows ED to make grant funding available to institutions of higher education to transition to online learning in the wake of COVID-19

On May 12, 2020, Democrats in the U.S. House of Representatives unveiled the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act...

On May 12, 2020, the Democratic leadership of the U.S. House of Representatives unveiled its opening bid in the next round of COVID-19 response legislation. As expected, the proposal—the Health and Economic Recovery Omnibus Emergency ...